Hexagon Purus ASA: Results for the first quarter 2022
Hexagon Purus delivered robust year-over-year revenue growth in Q1 2022 coupled with strong commercial momentum across the business. Q1 2022 highlights: · Revenue grew 209% year-over-year to NOK 159 million, including NOK 107 million contribution from Wystrach. Organic revenue on a standalone basis (i.e., as if Wystrach were an external customer in Q1 2022) was NOK 84 million, representing organic year-over-year growth of approximately 63% · Signed a long-term binding letter of intent with Hino Motors Manufacturing U.S. and nominated by another leading, established commercial